Lending guidelines are strict for the banks. I would check with lender about process and how long it will take. Are they reviewing total loan and what are their concerns. Hopefully, it will only take a few days.
Gail Mercedes Cole
Have your lender call the listing agent and explain the situation. Then, ask for an extension to legally extend your time period for buying.
Best of luck.
Fear not if you have provided accurate information to the best of your ability and knowledge.
Best of Luck.
I'm not an attorney, but I've heard of this happening before and I'm not aware of any law against it. A loan isn't finally really approved until it's funded and closed. I've even had lenders request documentation after funding and threaten to reverse the funding. As long as they have the money you want, you are at a bank's mercy. It's not fun, fair or the way we wish it were, but it's the way it is.